(Bumped up from Wednesday early a.m.)
Nope, I am not talking about Anita Dunn this time. Ron Bloom is the latest Obama Czar (Manufacturing) to quote Mao as an authority. And just wait to see which quote he uses from Mao. Oh, and he disses that whole free market thing, too. See [...]

Will the failure of a small bank in a small community truly impact America? Analysts discount the impact that the expected massive number of bank failures will have on the U.S. economy.
Additionally, analysts also discount the fact that the FDIC fund to cover depositors of failed institutions is close to zero. This fund can be [...]

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As many recent townhall meetings have shown, the American people are dealing with a few issues of trust in regards to their government. So I thought it might be fun to take a look at two very different videos on Money and what it can do.

CNN’s John King interviewed General Colin Powell Sunday as Powell airs doubts on Obama agenda. Here are some interesting remarks as covered by Jon Ward of The Washington Times:
Colin Powell, one of President Obama’s most prominent Republican supporters, expressed concern Friday that the president’s ambitious blitz of costly initiatives may be enlarging the [...]

I got bored with fast-forwarding through Hannity last night who devoted an unbelievable 45 minutes (!) to the Miss California non-news story, so I checked out Rachel Maddow. Her guest? The always compelling Eliot Spitzer, whose recent remarks to CNN’s Fareed Zakaria were covered at No Quarter in two posts, the last of [...]

An optimist has been defined as one who would, should a ton of crap be dumped on his doorstep, jump right in and rummage through it, convinced that there must be a pony in there somewhere. I tend towards optimism.
So, while not for one second denying that millions of citizens have been [...]

***Update*** This post was originally published on February 26. However, due to numerous searches for keywords “Failed Banks” and “Bank ratings” which lead searchers to this blog, I feel a sense of responsibility to update and republish it with additional bank closings added to the list. As you can see, there have been quite [...]

Please adjust my goggles if I am incorrect, but isn’t Truthout.org that progressive publication that was forever calling President Bush and his administration out on the carpet for their many ills? Now Marc Ash of Truthout writes a powerful rant targeting the new administration called This Isn’t Working. I know there have been [...]

Any investor or manager with a degree of experience knows that the “first loss is the best loss.” What do I mean by that? Once the market detects a loss or a weakened position, the price for that asset will remain capped unless and until the asset is sold or liquidated. This price action [...]

I am no fan of George Soros. I often believe he does not draw a hard line between his political interests and his business interests. His active support with MoveOn.org has made a mockery of any attempt to achieve campaign finance reform.
That said, for those involved in global finance, whether you like George Soros or [...]